Singapore Savings Bond: 2.09% p.a. Guaranteed*, Withdraw Anytime!

Singapore Savings Bond (May 2022) has hit more than 2% p.a. 10-year average return again! Is it a viable place to put your savings now? What on earth is Singapore Savings Bond anyway?

SSB is an instrument backed by the Singapore Government and your capital and returns are guaranteed. It is also flexible because you can withdraw any time without penalty and returns will be given to you on a pro-rated basis.

*Note that the 2.09% is guaranteed for holding the bond to maturity. Withdrawing early means the average return will be lower as the interest is stepped up over the years.

Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.

Subscribe to the channel, then join the group chat. You would often benefit from the tips shared exclusively in the group chat!

Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!

Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opnion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).